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when you say talk to going to the clinton rates. you're missing clinton tech boom. clinton levels of spending. when you take that into account it doesn't actually end up closing your gap when it comes to something which some other clinton alumni pointed out this week is a $86 trillion in unfunded liabilities for entitlements. >> that number is essentially fake. >> a lot of times when we're discussing this stuff, it is fake because government refuses to put it on the books because they don't want to acknowledge it exists. >> that is not it. >> my point being i don't want to only talk about simplifying when we're not actually closing the gap. i don't want to only talk about the fiscal cliff when nothing we're doing is coming close to deal with these issues. melissa: we talk about how hard it is to simplify the tax code. our guest before you guys said the same thing. it could be really simple. we could put out three rates for people with absolutely no deductions exceptions. if you're in this group you pay 35% or whatever. make up your number. >> right. melissa: if you'
when you say talk to going to the clinton rates. you're missing clinton tech boom. clinton levels of spending. when you take that into account it doesn't actually end up closing your gap when it comes to something which some other clinton alumni pointed out this week is a $86 trillion in unfunded liabilities for entitlements. >> that number is essentially fake. >> a lot of times when we're discussing this stuff, it is fake because government refuses to put it on the books because...
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Dec 3, 2012
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>>neil: but we know it is not returning to the clinton tax rates. as you pointed out between the sur taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have the very bad who we have today. it is, unfortunately, we are never going to bring the economy back unless we get control of the spending and get toward the low rate flat tax. can you not do it. >>neil: i don't think either side has offered enough on spending. i think it is baked into the cake it is the result of election and elections have consequences. but on the wealthy i think the rates go up but with the latest proposal, why see enough to adhere to what was the debt commission in cuts, is too little too late, but, too little, more to the point. >>guest: it is too little
>>neil: but we know it is not returning to the clinton tax rates. as you pointed out between the sur taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have...
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the converse happened when president clinton lowered the capital-gains tax rate from 28 to 20%. we had doubling of income. the government did from capital gains. so it works on both sides. if investment capital begins to dry up. more tend to get less of it. where swill it go. where will all the investment income go. >> it will stay on the sidelines or disappear. financial mark gets go down aa well as up. that is what we're experiencing now. capital is on strike. much capital is not being created. we see it in western europe. we see it in japan. would apply the same poison here. real people are just debating. how much more burden would we put on already weak economy? david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think n
the converse happened when president clinton lowered the capital-gains tax rate from 28 to 20%. we had doubling of income. the government did from capital gains. so it works on both sides. if investment capital begins to dry up. more tend to get less of it. where swill it go. where will all the investment income go. >> it will stay on the sidelines or disappear. financial mark gets go down aa well as up. that is what we're experiencing now. capital is on strike. much capital is not being...
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Nov 29, 2012
11/12
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this goes back to the idiocy of susan rice, hillary clinton, but back to barack obama himself. i will never forget the article he wrote after 9/11 where he tried to excuse islamic violence and islamic terrorism after the terrorist attacks here on american soil by shill this pablum that spread this. morsi was were educated right here in the west. they know exactly what they're doing. they're playing america's leaders for fools. >> sean: michelle malkin thanks for that insightful report. >>> coming up, crazy left wing rhetoric hits new lows on talk radio as they talk about beheading people that are part of the tea party movement. we'll give it the media mash treatment and run through the most offensive examples. do you want your kids disavowing their americanness, or maybe their female or maleness or whiteness? the crazy education your college kids are receiving, of course on your dime, all around the country, straight ahead. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to t
this goes back to the idiocy of susan rice, hillary clinton, but back to barack obama himself. i will never forget the article he wrote after 9/11 where he tried to excuse islamic violence and islamic terrorism after the terrorist attacks here on american soil by shill this pablum that spread this. morsi was were educated right here in the west. they know exactly what they're doing. they're playing america's leaders for fools. >> sean: michelle malkin thanks for that insightful report....
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Dec 7, 2012
12/12
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sure the clinton tax cuts are back in place for all people, not just the rich. but just imposing tax on the rich, you will have to concede, is part of his class warfare scheme and his desire to get even with the successful people. it's contrary to the american dream. it will not do anything to address our revenue issue and our debt issue. david, how can you support this? >> david, just a moment. you and sean both agree, and i want to join you in this, we need to do something about spending in this country, it's out of control. we need to limb the size of government. if you truly believe these things, then you say it's not just about imposing damage on the middle class, the poor who rely on social safety net programs. you have to say the rich have to have some skin in the game. >> hang on one second. >> and they do, they do. >> hang on, hang on. >> and it in terms of tax rates in this country. >> hold on. one sec. i want to ask juan a question. why won't the president negotiate all of this at the same time in because the president is saying give me what i want an
sure the clinton tax cuts are back in place for all people, not just the rich. but just imposing tax on the rich, you will have to concede, is part of his class warfare scheme and his desire to get even with the successful people. it's contrary to the american dream. it will not do anything to address our revenue issue and our debt issue. david, how can you support this? >> david, just a moment. you and sean both agree, and i want to join you in this, we need to do something about...
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Dec 1, 2012
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not to -- look, i'm the guy who helped lead closing the federal government twice in order to get bill clinton's attention. because we weren't getting serious negotiations. somehow, after we proved how serious we were we negotiated. wented up passing welfare -- welfare reform, four consecutive balanced budgets we were able to work together because we had mutual respect. it is clear president obama has no respect for the congressional republicans. people -- it is not just a laughing party -- laughing matter. here's a guy with four more years as president and starting his second term with total contempt for the beam in charge of the u.s. house. they should indicate clearly not only are they not going to give in on the debt ceiling. he may have a hard time getting any money for anything out of the congress next year. at which point he's got a big problem running the government. >> sean: one power grab after another. harry reid proposing ending the filibuster so they can take control there. here's pro bowsing a blank cheque and gets to raise the debt ceiling at will obviously a lack of respect. i th
not to -- look, i'm the guy who helped lead closing the federal government twice in order to get bill clinton's attention. because we weren't getting serious negotiations. somehow, after we proved how serious we were we negotiated. wented up passing welfare -- welfare reform, four consecutive balanced budgets we were able to work together because we had mutual respect. it is clear president obama has no respect for the congressional republicans. people -- it is not just a laughing party --...
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president clinton was clear when he spoke to the republicans. he pointed out that the biggest driver of the united states debt is medicare. he understands that we have to face up to the medicare problem. we need a solution. >> the conference that rick was referring tompt he said folks, i won and i get to make the decision and he grew the budget by 800 billion every year. one-time stimulus has happened every year of the presidency and the president through tim geithener is making a proposal and raising taxes. >> it is absurd what is in the propose and the president is proposing. we hear the president saying that tax hikes on the upper brackets will solve all of the problems and it pay for government spending for a week and a half . the psident said he would stop the seas from rising. he might want to stop the oceans of red ink that are rising. listen, they make this point. federal taxpayers ponying up to cover up the short fall of social security. white house said that is happening . lbj in the '60s got the government's mitts on social security f
president clinton was clear when he spoke to the republicans. he pointed out that the biggest driver of the united states debt is medicare. he understands that we have to face up to the medicare problem. we need a solution. >> the conference that rick was referring tompt he said folks, i won and i get to make the decision and he grew the budget by 800 billion every year. one-time stimulus has happened every year of the presidency and the president through tim geithener is making a...
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ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that is left in here and even encouraged because it implies some banks will be bailed out. >> right. when you say the bank is systemic you say it is an institution to big and important and critical to allow to be left 57 they have labeled them systemic. it shows what happens and white increases the risk. the big banks can borrow money more cheaply because they think the government will bail them out. >> creditors know they will not be bailed out if they fail so they give them money at it cheaper rate. >> jpmorgan chase pays $4 interest but the small bank pays $70 $0.50.
ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this?...
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. >> deputy to llary clinton, former morgan stanley executives trying to be obama's chief of staff. and tom knight has been making the rounds on wall street having dinners with various wall street streetictives. -- executives. and he setting the stage for an interesting wall street embrace of the president. you listen to these guys, ceo of goldman sachs, goes up tre before the water, he looks like he has within water tortured minutes before, eyes shiftg. neil: i don't know he was waterer to thetured. i think that guy,hoer? lead, and whoever is the winner. things he opposed, long col on, just weeks ago, now sign me up. >> what is ridiculous, he went out and said we need to cut expenditures and a planned approach but tn he said, president has a creble plan ta raise a lot of taxes. >> ihink they are allll pathetic losers, they make washington, d.c. look lik choir boys, i am shocked. in record time, turning to this guy who cald him every name in the boo dirty rotten scoundrels of wall street, n ey are playing ft ftse i is grossndreepy. neil: i did not think that losing your backbone was
. >> deputy to llary clinton, former morgan stanley executives trying to be obama's chief of staff. and tom knight has been making the rounds on wall street having dinners with various wall street streetictives. -- executives. and he setting the stage for an interesting wall street embrace of the president. you listen to these guys, ceo of goldman sachs, goes up tre before the water, he looks like he has within water tortured minutes before, eyes shiftg. neil: i don't know he was waterer...
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that is her husband, bill clinton. and i am on the side that says i don't even think she wants to do much cells after secretary of state. she has been around for awhile, taken a lot of heat. i thiik that she probably might want to just enjoy her life. >> for four years and then run. >> i took the 42nd street exit ramp and there was a huge pot hole. the first name that came to mind was not made clinton should fix this. of the shoe want to deal with all the municipal issues. melissa: moving on to something that i would love to happen. in eighth grade girls petitioning has brought to market easy bake ovens for boys. her petition has more than 24,000 signatures. she says her four year-old brother likes to cook. all the kids do. a packaging and promotions make it seem like cooking is only for girls. she wants her brother to know that is not wrong for him to want to be a chef. they're missing out.ainer. >> it's a great idea. absolutely. that's all i love habakkuk. that's why i'm happily married. but the reality is, gordon ra
that is her husband, bill clinton. and i am on the side that says i don't even think she wants to do much cells after secretary of state. she has been around for awhile, taken a lot of heat. i thiik that she probably might want to just enjoy her life. >> for four years and then run. >> i took the 42nd street exit ramp and there was a huge pot hole. the first name that came to mind was not made clinton should fix this. of the shoe want to deal with all the municipal issues. melissa:...
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Nov 29, 2012
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and hillary clinton who some what responsible for the libyan. bill clinton and i vote for jay z over the president. nothing against mr. clinton he is brilliant man. why is he person of the year, for what? we are lifing in a shallow time in merning. pardon the pun. >> steve: one of the other people who reportedly considered sandra fluke. infamously at georgetown university i believe. >> gretchen: seriously? so is this list published sort of a list or a guessing game. >> brian: it is a way to sell a magazine. >> steve: no one else is buying them. so maybe that will get people interested. >> brian: 21 minutes before the top of the air. major league baseball. and nomination list. controversial in barry boppeds and sammy sose they should get in the hall of fame by their performance. performance enhancing drugs had everything to do with the druggings. the question is, will be put in cooperstown. >> steve: what do you think? >> brian: no, you can't go in and cheat and be the best. it is unfair to hank aar babe ruth. also another brooklyn story. during
and hillary clinton who some what responsible for the libyan. bill clinton and i vote for jay z over the president. nothing against mr. clinton he is brilliant man. why is he person of the year, for what? we are lifing in a shallow time in merning. pardon the pun. >> steve: one of the other people who reportedly considered sandra fluke. infamously at georgetown university i believe. >> gretchen: seriously? so is this list published sort of a list or a guessing game. >> brian:...
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Dec 6, 2012
12/12
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we would have no collective debt at all if we had left in place the clinton budgetary strategy. megyn: what do you make of that quote. >> what i'm responding to is i think what we are dealing with is a tell poar a temporal thing. it would drive the markets down and create say could and uncertainty. the president is saying we can't go through that again. megyn: he's wanting not only to raise it but to have uniform authority to raise. a fewer years ago they were saying that was a failure of leadership. >> he may not get it but he's right to argue that way the republicans have been doing this has been irresponsible. let's get this done in the way our democracy has worked the for hundreds of years. not this new extraordinary thing. i think he's right to put pressure on the republicans. megyn: i thought it was the democrats trying to make this part of the deal to head off -- to stop us from going off the fiscal cliff. they said by the way we need to raise the debt limit and this new proposal of eliminating congress from the process of raising the debt limit. >> senator mcconnell has
we would have no collective debt at all if we had left in place the clinton budgetary strategy. megyn: what do you make of that quote. >> what i'm responding to is i think what we are dealing with is a tell poar a temporal thing. it would drive the markets down and create say could and uncertainty. the president is saying we can't go through that again. megyn: he's wanting not only to raise it but to have uniform authority to raise. a fewer years ago they were saying that was a failure of...
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do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are done. stephen moore, i do hope you come back and see us soon. >> thank you, sir. stuart: here is an example of what i call tax hypocrisy. costco founder going to save because of the dividend payment this year. not next year, this year. the ceo, he is a very big obama supporter. even spoke at the democratic convention. >> a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. tha
do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i...
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Dec 6, 2012
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most americans say they would support hillary clinton for president in 2016. that's according to a new poll. and some of her potential republic rivals are also looking ahead at the next white house showdown. the poll from the abc and "the washington post" shows 57% of americans would back secretary clinton, 37% say they would oppose her. of course for now she says she has no plans to run again. a' couple of the top republic contenders are already talking about 2016. campaign carl cammeron live for us in our d.c. newsroom. they even showed up at the same event. >> they're actually about 16 republicans. maybe just at least that number who are actually looking for a white house run. a couple have already hired advisors and actually specialize in presidential politics. paul ryan has a lot of juice as the 2012 presidential. and marco rubio gave more than 70 speeches for romney over the last campaign year. last year both openly joked together about hitting the trail early in 2016, livin'. >> i will see you at the reunion. table for two. good diners in new hampshire
most americans say they would support hillary clinton for president in 2016. that's according to a new poll. and some of her potential republic rivals are also looking ahead at the next white house showdown. the poll from the abc and "the washington post" shows 57% of americans would back secretary clinton, 37% say they would oppose her. of course for now she says she has no plans to run again. a' couple of the top republic contenders are already talking about 2016. campaign carl...
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Dec 6, 2012
12/12
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. >> apparently hillary clinton is talking. >> that's the only route that is going to stop this from happening. if left to his own devices, he will use those. >> and what about the countries that boarder. turkey. this stuff doesn't just stop. it gets into the atmosphere. you can't bomb the place. you have to send in ground troops. and now what happens ? the best thing that could happen is puten makes a phone call and says cut this stuff out. the middle east has gotten to be a very serious problem for everybody. >> maybe we will focus more on that next time around. the fiscal cliff keeps going and going. thank you both for coming in. good to talk to you again. allison, back to you. >> tony, thank you. still ahead at 7:00 , the sense of a woman now available in deep dish. as we go to break, holiday greetings from our service members overseas. >> good morning. this is williams your daughter. this message is for you. i wish you guys a happy holiday and hope you enjoy the christmas, thanksgiving and new year. i won't be able to be home but have a great time without me. just have so much f
. >> apparently hillary clinton is talking. >> that's the only route that is going to stop this from happening. if left to his own devices, he will use those. >> and what about the countries that boarder. turkey. this stuff doesn't just stop. it gets into the atmosphere. you can't bomb the place. you have to send in ground troops. and now what happens ? the best thing that could happen is puten makes a phone call and says cut this stuff out. the middle east has gotten to be a...
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clinton, and they told me that bill clinton and barack obama ave had a major falling out. lou: wow, afterll the campaigning? the elegant speech, really? >> because of this estrangement, i'm told, is back to the presidential election when clinton struck a deal with obama. in the deal, clinton said he'd give the nominating speech and go out and campaign for obama, but in return, he wanted a couple things from the president. first, clinton wanted to be a allowed to name the next chairman of the democratic national committee to have effective control of the party apparatus and all the money that goes with that. lou: that's a big gift. >> well, he did a big deal for obama. lou: right. >> secondly, he wanted obama to agree that he would back hillary if she runs for president in 2016, and that was a verbal commitment he believed he had from barack obama. shortly after the election, according, again, to my sources, clinton sent obama a list of five names from which he could choose the next chairman of the democratic national convention. lou: a list from clinton to the president? >
clinton, and they told me that bill clinton and barack obama ave had a major falling out. lou: wow, afterll the campaigning? the elegant speech, really? >> because of this estrangement, i'm told, is back to the presidential election when clinton struck a deal with obama. in the deal, clinton said he'd give the nominating speech and go out and campaign for obama, but in return, he wanted a couple things from the president. first, clinton wanted to be a allowed to name the next chairman of...
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Nov 29, 2012
11/12
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clinton benefited when he came in. i do think if you look historically over time it is very hard to see any kind of causal relationship between economic growth and job production and lowering rates on investment income. as warren buffett says, if they're going to make a profit they're going to make a profit whether, even taxed at a higher rate. i personally like the simpson-bowles idea which is what reagan did in '86. take everybody's rate down, right? close the loophole for investment income. cut back on the mortgage interest deduction. cut other loopholes and get marginal rates to 28% for everybody. then you --. liz: if you could hold off the hound, the lobbyists. >> i understand that i think that is better. i think we do have, look, we have a lot of tax arbitrage by people trying to take advantage of this lower rate. a lot of income being recast, wage income being recast as capital gains income. a lot of derivatives constructed so people can get the lower rate. it adds complexity to the tax code. get rid of it. tax
clinton benefited when he came in. i do think if you look historically over time it is very hard to see any kind of causal relationship between economic growth and job production and lowering rates on investment income. as warren buffett says, if they're going to make a profit they're going to make a profit whether, even taxed at a higher rate. i personally like the simpson-bowles idea which is what reagan did in '86. take everybody's rate down, right? close the loophole for investment income....
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secretary of state clinton talking tough as violence rages. what is the president thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not letting up ytime soon. if you're eligible for medicare, you might know it only coversbout 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medica supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now to reques a
secretary of state clinton talking tough as violence rages. what is the president thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not...
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Nov 30, 2012
11/12
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FBC
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thought, but he still want to doe i have tdestroy you rich pe, kidding, he doesn't toupee more but not clinton era more. 38%, that is potentially a significant development, it could be a deal maker, he is why, president says he -- republicans to give in on having rich pay more taxes, republicans could say as least as not as much more. in a sense, it splits the tax revenue difference. there is still a long way from the deal. but clearly sign yet that this president, who has been attacked for not being flexible on spending cuts, by not cutting anybody. what to make of it? tom fanning. and former bush front economic director todd. erin, what are we to make of this? do you get a sent from this, that this is the making of a middle ground deal? >> i think it is. i was up on capitol hill today. john boehner h a press conference followed one by senate democratic leaders, they were both chest thumping saying neither side of getting closer, but privately they are, republicans know that at some point they are going to have to give in and rates will increase because. democrats are saying they will not con
thought, but he still want to doe i have tdestroy you rich pe, kidding, he doesn't toupee more but not clinton era more. 38%, that is potentially a significant development, it could be a deal maker, he is why, president says he -- republicans to give in on having rich pay more taxes, republicans could say as least as not as much more. in a sense, it splits the tax revenue difference. there is still a long way from the deal. but clearly sign yet that this president, who has been attacked for not...
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Dec 5, 2012
12/12
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tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger package, but i agree with you. i think we have to get serious about these spending cuts. i just applied for social security and i want mine. >> all right. rich, appreciate it. eric, thanks. let us know what you think. follow me on twitter. i'm tweeting tonight. >>> just ahead, 21 months after bashir al assad began killing his own people, the fighting is raging in syria. the rest of the world may finally be convinced things are critical there. senator john mccain is asking what took so long. more from him ahead. if we want to improve our schools... ... what should we inves
tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger...
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Nov 29, 2012
11/12
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look at president clinton bess towing the medal of freedom on world war ii veteran bob dole. that's just weeks after re-election back in 1996. why do i show you all of these? because it all brings me to a very special party of two having lunch next hour at the white house. president obama, as promised, in his victory speech 23 days ago, is hosting mitt romney, who has made no secret that he really thought that it would be the other way around. and our dan lothian is counting down the minutes, standing by at the white house, even though, dan, you are not invited to the luncheon, nor am i or anyone else at the camera, a mic or even a pen. why is it so private? >> reporter: that's right. oftentimes, the president will have meetings here at the white house, lunches or official meetings, where the president is not invited in. our cameras are not allowed in. sometimes our cameras are allowed in but no editorial presence. this one of those where no cameras allowed in, we're hopeful the white house will take a pick pur and release it to us, but at this point no plans for us to sort o
look at president clinton bess towing the medal of freedom on world war ii veteran bob dole. that's just weeks after re-election back in 1996. why do i show you all of these? because it all brings me to a very special party of two having lunch next hour at the white house. president obama, as promised, in his victory speech 23 days ago, is hosting mitt romney, who has made no secret that he really thought that it would be the other way around. and our dan lothian is counting down the minutes,...
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Nov 29, 2012
11/12
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. >> hillary clinton today saying she was doing a great job. >> absolutely. i cannot remember the expression . protests and egypt continue for a six the day. lou: and still in power showing no sign, at least obvious sign that he is goingo weaken and allow his new-found powers to dissipate separately. what is your reaction? >> my reaction is that he drew conclusion that i think a normal human being would draw from hillary clinton and president obama's warm endorsement of his mediation role and he gaza is real conflict. it is amazing tome that even though they have criticized him their restraint in that criticism is real remarkable. because what the president did was throw down the gauntlet ii st., i am ferrule. their response has been lukewarm understandably because we do have larger fish to fry, like the peace with egypt and israel and we don't wwnt egypt to become syria or chaotic. still, what he did was amazing. >> she w brilliant. he negotiated this deal between israel and tomas. within 24 hours a declared himself anew that he had the uned states under a b
. >> hillary clinton today saying she was doing a great job. >> absolutely. i cannot remember the expression . protests and egypt continue for a six the day. lou: and still in power showing no sign, at least obvious sign that he is goingo weaken and allow his new-found powers to dissipate separately. what is your reaction? >> my reaction is that he drew conclusion that i think a normal human being would draw from hillary clinton and president obama's warm endorsement of his...
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Dec 4, 2012
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buick as well as former clinton special counsel davis. the president campaigns on $800 billion in new taxes. he now wants 1.6 trillion. he wants twice the amount, lanny. he wants a blank check and congress to give up its authority as it relates to money and say no, no, let me raise the debt ceiling any time i want. he wants 150 billion in new stimulus but no entitlement cuts at all, no spending cuts at all. now that sounds to me like somebody that's not serious. >> i don't know where to begin to correct some of what you just said, but let me at least start with ronald ra reagan. >> tell me where i'm wrong. >> you're certainly wrong that he didn't campaign to cut 98% of the american people's taxes with the upper 2% paying. he won the election based on that explicit proposal. >> and the house from their election -- the house won their election to stop him. the house also won, lanny. >> 535 congressional districts, most of which have little opposition, exain capture be cao voting for president. >> they did not vote to give him a rubber stamp
buick as well as former clinton special counsel davis. the president campaigns on $800 billion in new taxes. he now wants 1.6 trillion. he wants twice the amount, lanny. he wants a blank check and congress to give up its authority as it relates to money and say no, no, let me raise the debt ceiling any time i want. he wants 150 billion in new stimulus but no entitlement cuts at all, no spending cuts at all. now that sounds to me like somebody that's not serious. >> i don't know where to...
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the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meeting with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning yet. >> the president of the united states made it clear there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using chemical weapons on their own people. lou: neither the white house
the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meeting with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary...
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that i think that hoops that republicans are going through to find an alternative to raising raters on clinton era rates. it could get so ca complicated d get worse. when you talk mortgages and charities and everything else. why not raise rates on rich, fight for a simp her tax system that -- simpler tax system that might provide lower taxes down the road. >> well we need to demand concessis on spending. neil: we're not getting them. >> that is the point, so putting up taxes is not a way of getting concessions in the future. neil: from the get go they put up that 800 billion figure. >> a starting point, the problem is that, as you know, not only will the democrats want more in taxes, but they have in place, with this horrible dea that was done a year and a half ago with debt sealing that gives deal -- there is a deal in place. and it recalls that fiscal cliff, but the deal of made a year and a half ago, the republicans, democrats and president signed off on this, allowing tax increases to go back in place. and they signed on to half a trillion in cuts, inomtic programs and half a trillion in d
that i think that hoops that republicans are going through to find an alternative to raising raters on clinton era rates. it could get so ca complicated d get worse. when you talk mortgages and charities and everything else. why not raise rates on rich, fight for a simp her tax system that -- simpler tax system that might provide lower taxes down the road. >> well we need to demand concessis on spending. neil: we're not getting them. >> that is the point, so putting up taxes is not...
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Dec 4, 2012
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secretary clinton said she was not interested. politico reports actress ashley judd is seriously considering a run for 2014 against mitch mcconnell in his home state of kentucky. mcconnell's office warned he will not go easy on whoever the democratic challenger is but did not reference judd specifically. mitt romney is going back to work at his own job. marriott international has announced romney rejoined the board of directors after resigning two years ago. as for how much romney will earn, s.e.c. showed that directors received a base pay of $60,000 plus $1250 for every meeting they attended. romney has a long-time friendship with the members of marriott family and has served on the board off and on since 1993. >>> all right. time for the "news nation" gut check. bloomberg news is reporting that president obama is considering "vogue" anna wintor to be the next u.s. ambassador to the uk or france. she raised $500,000 for his re-election campaign. she's been at "vogue" for more than 25 years and they say she's very happy about the
secretary clinton said she was not interested. politico reports actress ashley judd is seriously considering a run for 2014 against mitch mcconnell in his home state of kentucky. mcconnell's office warned he will not go easy on whoever the democratic challenger is but did not reference judd specifically. mitt romney is going back to work at his own job. marriott international has announced romney rejoined the board of directors after resigning two years ago. as for how much romney will earn,...
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Dec 6, 2012
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instead of going up to 39.6, which was the top rate that clinton set, it's down to 35 now. they move to 37, and republicans are a critical number of republicans in the house are able to say, well we didn't give if all the way. we got the best deal we could and held them to 37%. from the democrats' standpoint after fighting it for a decade, do you think it's good enough to get to 37%? >> normally that's where a compromise is. whenever you legislate numbers and tax rates are always just the legislation of numbers, the place to compromise actually is on what that number is. now, there are two numbers that the obama side, the democrats want to change. there are two top rates. the 33 and the 35. under the obama plan, the 33 would go to 36, the 35 would go to 39.6. you know, if you're trying to negotiate a compromise, you can start to play with each one of those numbers and try to find something. the huge problem for the republicans on doing that is they're opposed to any kind of tax increase on principle. so it's very hard for them to go into the negotiations that way and say, w
instead of going up to 39.6, which was the top rate that clinton set, it's down to 35 now. they move to 37, and republicans are a critical number of republicans in the house are able to say, well we didn't give if all the way. we got the best deal we could and held them to 37%. from the democrats' standpoint after fighting it for a decade, do you think it's good enough to get to 37%? >> normally that's where a compromise is. whenever you legislate numbers and tax rates are always just the...
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absolutely and this is extremely dangerous and i think this is probably one of the reasons that secretary clinton agreed to meet with the russian foreign minister and rahim my, the u.n. ambassador for the syrian issue and the syrian dossier. if the regime uses chemical weapons or any weapons of mass destruction, the regime in syria, that is definitely an indication that it is a last act of desperation. melissa: yeah. >> i'm sure that the international community will try to prevent that in any way, shape or form. the syrian, the russian president, putin, a couple of days ago when he was in turkey, he gave some signals that the chem cap -- chemical weapons in syria are secure. we need to sit down with the russians to see if they have any guaranties to the security of these weapons. >>you talked about how the international community could do to prevent it. there are weapons weapons and there is money. what could we do at this point to try to stop this from happening? >> well i think, you know, the regime of syria has these weapons and i'm not sure they're going to sell them or if we put money on the
absolutely and this is extremely dangerous and i think this is probably one of the reasons that secretary clinton agreed to meet with the russian foreign minister and rahim my, the u.n. ambassador for the syrian issue and the syrian dossier. if the regime uses chemical weapons or any weapons of mass destruction, the regime in syria, that is definitely an indication that it is a last act of desperation. melissa: yeah. >> i'm sure that the international community will try to prevent that in...
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hilary clinton. >> brian: he should cast meryl strep as hillary clinton. >> gretchen: we'll have to exchange reviews. >> brian: dulike it >> gretchen: it was tuitorial . >> brian: exactly. >> gretchen: i still enjoyed. we are having the discussion right now. i did enjoy it i think the acting was stupendous. i wish it covered more ground. >> brian: it was like a play. >> gretchen: lincoln was soft spoken and so you had to pay attention or you would doze off. kids in five states will spend more time in school. 300 hours for class time starting next year. three year pilot program aimed at making kids more successful in class and schools more competitive. it is paid for state and district funds. but the quiis more school time the answer or something else to make them smarter. >> brian: you got to lessen the homework. >> steve: they will have to do more study. this was not part of his act. recup operating from burns after his head was lit on fire. oh, my. it was not supposed to go that way. host of the dominic an talk show. closer to start and burning coare logne. he had to be rushed to the emerg
hilary clinton. >> brian: he should cast meryl strep as hillary clinton. >> gretchen: we'll have to exchange reviews. >> brian: dulike it >> gretchen: it was tuitorial . >> brian: exactly. >> gretchen: i still enjoyed. we are having the discussion right now. i did enjoy it i think the acting was stupendous. i wish it covered more ground. >> brian: it was like a play. >> gretchen: lincoln was soft spoken and so you had to pay attention or you would...
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Nov 30, 2012
11/12
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bill clinton i think we met really don't know what they're doing. the vice president should be with the senate right now. that's whht he should be doing, not out shopping or campaigning. this is serious stuff. we are going t raise this year -- this is one thing tt is not being talked about. almost $3 trillion. that will be the most of this government in the history of the republic has ever taken in. $3 trillion. so why the current tax rate revenues increase? why would you go and raise tax rates on businesses and people who are trying to create jobs. most of those are small businesses. lou: and fitting into the top 2%, according toome etimates -- as he talked about the size of the revenue coming in, most of that from income tax, obviously. pple forget that we have seen revenue of the federal government rise by 26% over the past two years. with those bush tacuts in place. with that kind of increase in revenue, spending is without question the problem. >> yes, and to talk about raising taxes right now. at the same time, not talk about health care. we h
bill clinton i think we met really don't know what they're doing. the vice president should be with the senate right now. that's whht he should be doing, not out shopping or campaigning. this is serious stuff. we are going t raise this year -- this is one thing tt is not being talked about. almost $3 trillion. that will be the most of this government in the history of the republic has ever taken in. $3 trillion. so why the current tax rate revenues increase? why would you go and raise tax rates...
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clinton led a round of applause for rice who is considered to be a front-runner to be nominated as clinton's successor. a point later touched on during a news conference. >> susan rice has done a great job as our ambassador to the united nations and, of course, this decision about my successor is up to the president. i'm very happy he has the opportunity with a second term to make a decision. >> but on capitol hill, tennessee republican senator bob corker spoke with rice wednesday and later warned the president that the job of secretary of state is held to a higher standard than that of other appointees. >>> last night on "hard ball," susan collins talked about her meeting with ambassador rice. she says why she is troubled about rice's comments on the attack on the u.s. mission in benghazi, libya. >> she says that she relied on information that was given to her but it's obvious that she chose to emphasize some aspects and down play others. and, frankly, i think the u.n. ambassador along with the secretary of state should be above politics and that she should have just said, no, i'm not going
clinton led a round of applause for rice who is considered to be a front-runner to be nominated as clinton's successor. a point later touched on during a news conference. >> susan rice has done a great job as our ambassador to the united nations and, of course, this decision about my successor is up to the president. i'm very happy he has the opportunity with a second term to make a decision. >> but on capitol hill, tennessee republican senator bob corker spoke with rice wednesday...
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try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me. you made a note in your morning note that we are stuck this in range until we get progress. >> look where we are, between 1400 on the downside you can and 1420 the upside. today, done absolutely nothing, at 1404, 1406 all day, not a lot of action, not a lot of activity at all. people just in this wait and see mode, right? more chatter out of washington. i think a lot of people expecting the interview with the president, hear what he had to same the market got weaker after spoke. >> down 18 point on the trading session now the volume disturbing now, because there is none. >> that just tells that you investors ar
try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me....
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president bill clinton versus first lady michelle obama. both nominated for best spoken word album at this year's grammys. so, choose for yourself. here's mrs. obama's childhood memory, from her book about the white house garden. >> our apartment didn't have a dining room. so, we ate at the kitchen table. and unless my dad was working the evening shift at his job at the city water plant, we ate our meals together, as a family. >> and her opponent, president clinton, reading his book, "back to work." >> i earned my first money mowing lawns when i was 12. at 13, i worked at a small grocery store. >> so, it is game on for the two of them. >>> and speaking of game on, basketball powerhouse kobe bryant, way to go. the youngest player ever to reach a milestone and watch. it's his 30,000th point. joining the ranks of michael jordan, kareem abdul-jabbar. kobe has now spent half his life playing in the nba and we decided to go back and find his first point ever. there it was, a free throw. he was 18 years old, bookends for a truly amazing athlete. a
president bill clinton versus first lady michelle obama. both nominated for best spoken word album at this year's grammys. so, choose for yourself. here's mrs. obama's childhood memory, from her book about the white house garden. >> our apartment didn't have a dining room. so, we ate at the kitchen table. and unless my dad was working the evening shift at his job at the city water plant, we ate our meals together, as a family. >> and her opponent, president clinton, reading his...
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praised clinton in a more than ten-minute video tribute. take a look at this. >> strength, toughness, very strong streak of principle. >> i had the opportunity to work with her, to achieve ceasefire between israel and hamas. >> a strong and determined leader. >> politics as a mother, as a senator, the pinnacle up to now of her public service. >> one of the best secretary of states in american history and finally, hillary, a lot has been said about our relationship and here is what i know. you haven't just within one of my closest partners, you've become a great friend. >> yet this was not it at the 2016 convention yet. for those wondering if clinton may have politics in her faw tour listen to how the video wrapped up and secretary clinton's reaction. >> on the side of human rights, human dignity. more countries may have the same extraordinary good fortune that we've had. >> someone who knows a thing or two about political comeback, i can tell you i don't think we've heard the last of hillary clinton. ♪ girl, you're amazing just the way yo
praised clinton in a more than ten-minute video tribute. take a look at this. >> strength, toughness, very strong streak of principle. >> i had the opportunity to work with her, to achieve ceasefire between israel and hamas. >> a strong and determined leader. >> politics as a mother, as a senator, the pinnacle up to now of her public service. >> one of the best secretary of states in american history and finally, hillary, a lot has been said about our relationship...
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. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i asked republican senator richard shelby of alabama for his take on the comments from boehner. >> i believe that speaker boehner is on the right track. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counteroffers. dealers said he has been campaigning to meet. but he has to get involved if he wants to avoid the fiscal cliff. i think that the speaker has indicated that he will try to engage in, try to meet him and try to avoid the fiscal cleft that the presiient is going to continue to say it is my way or the highway, that is another game. gerri: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three
. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i asked republican senator richard shelby of alabama for his take on the comments from boehner. >> i believe that speaker boehner is on the right...
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Nov 29, 2012
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in the clinton years, in the latter clinton years, one, we were in peace time. and two, there was a capital gains tax cut as part of the 1996 package. and let's not forget, most importantly, there was a little small thing at that time called a technology boom. so much so that it led to aacce. and of course there were tax revenues. so pointing to one tax rate at one point in time -- >> there is no one panacea or fix, we have a big problem, a trillion dollar deficit that has to be addressed, in a number of ways. the math is pretty simple. you need something like that four trillion of deficit reduction over the next four years, just to keep the size of our debt from growing. and everybody agrees that most of it will come down from spending. but there has to be a tax element, as well. you have to have a tax revenue. we couldn't have afforded the tax rates we had in the early 2 thousands, i am not as rich as warren buffet nor was i on wall street when he -- i was on wall street for 30 years, there with high tax rates, low tax rates. it didn't change my work ethic, in
in the clinton years, in the latter clinton years, one, we were in peace time. and two, there was a capital gains tax cut as part of the 1996 package. and let's not forget, most importantly, there was a little small thing at that time called a technology boom. so much so that it led to aacce. and of course there were tax revenues. so pointing to one tax rate at one point in time -- >> there is no one panacea or fix, we have a big problem, a trillion dollar deficit that has to be...
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nobody's dealt with it since bill clinton was president of the united states. there are a number of things we're going to have to do in order to meet our deficit. we're going to have to both raise taxes and cut spending. one of the areas we must cut spending is defense. there hasn't been serious cuts in defense in 30 years. the defense industry is well positioned. they have plants in something in over 300 districts. there's a lot of bipartisan defense spending. for example, the defense authorization bill that just passed yesterday in the senate gave the pentagon $17 billion more than they asked for. so to think that any industry or any taxpayer or any group of people who depend on government spending can be exempted from the serious problem that we have that's caused by this deficit is a mistake. everybody is going to have to pay for this. >> dawn, right or wrong, the defense industry has this reputation of being bloated, overcharging. are we at a point where we could afford to make cuts in defense spending to try and satisfy the needs of lowering the deficit i
nobody's dealt with it since bill clinton was president of the united states. there are a number of things we're going to have to do in order to meet our deficit. we're going to have to both raise taxes and cut spending. one of the areas we must cut spending is defense. there hasn't been serious cuts in defense in 30 years. the defense industry is well positioned. they have plants in something in over 300 districts. there's a lot of bipartisan defense spending. for example, the defense...
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Dec 1, 2012
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newt gingrich and bill clinton the pressure was so intense there was a settlement in two to three weeks. if we go into january it will be less than two or three weeks. >> thanks so much for being with us this morning. >>> speaking of consequences what might be the political consequences if washington fails to stay clear of the fiscal cliff. cbs news political director john dickerson is here with some thoughts on that. john, good morning. so all of this posturing, to what degree is this this is how the sausage gets made versus this is a legitimate stalemate? >> well it's kind of both at the same time. they are both posturing because both knows to get a deal they want to basically express the most extreme versions of their positions because they know they have to carve away at it they are speaking to boston their bases. on the other hand there's still a sticking point at the center of this. if you clear away everything and look at the tax rates the president says tax rates have to go up on the wealthy by some amount. republicans are saying no we won't have any vote to raise tax rates and
newt gingrich and bill clinton the pressure was so intense there was a settlement in two to three weeks. if we go into january it will be less than two or three weeks. >> thanks so much for being with us this morning. >>> speaking of consequences what might be the political consequences if washington fails to stay clear of the fiscal cliff. cbs news political director john dickerson is here with some thoughts on that. john, good morning. so all of this posturing, to what degree...
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president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked him about that once a couple years ago, and he said it was true. it wasn't as dramatic woodward made it out to be, but it did has happen. but you didn't get that out of geithner. you kind of don't think you'll get that out of lew. he's very much aligned intellectually with president obama particularly on the notion of fairnesses. you know, you talk to economistses. should we really be raising taxes now? no. hour hour tax increases, we're going to lose the deductions -- >> probably shouldn't be cutting that much. the economy is like in a very weird state right now, kind of like i think the notion is to grow it now, you know? and, you know, this guy doesn't see that. he sees raising taxes not as an economic efficiency so to speak, but as you know, you don't get a lot of tax revenues out of that,
president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked him about that once a couple years ago, and he said it was true. it wasn't as dramatic woodward made it out to be, but it did has happen. but you didn't get that out of geithner. you kind of don't think you'll get that out of lew. he's very much aligned intellectually...
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melissa: secretary of state hillary clinton responding to reports syria's regime is moving its stockpiles of chemical weapons and there is new word that syria is combining chemicals to make deadly sarin gas. would its use be enough to push unraveling middle east over the edge? for insight we turn tt brigitte gabriel, terrorism expert and president of act for america. welcome to the show. >> thank you, melissa. melissa: this is certainly frightening news and frightening reports. from what you've seen do you think this is what syria is doing? >> syria is moving chemical weapons in a way they have not done before. they usually move these things around but the activities of the last 48 hours show they are up to something and the concern here is that bashar assad says if he goes down he will take the whole middle east down with him and i believe his last resort will be using chemical weapons in, if in fact he is losing. the rebels in the last 48 hours gained really good ground against the assad regime and there were reports that came out of syria yesterday, two different reports said, some sai
melissa: secretary of state hillary clinton responding to reports syria's regime is moving its stockpiles of chemical weapons and there is new word that syria is combining chemicals to make deadly sarin gas. would its use be enough to push unraveling middle east over the edge? for insight we turn tt brigitte gabriel, terrorism expert and president of act for america. welcome to the show. >> thank you, melissa. melissa: this is certainly frightening news and frightening reports. from what...